Norwich Road, Brooke, Norwich, NR15

Street Guide For Norwich Road, Brooke, Norwich, NR15

 

Norwich Road, Brooke, Norwich, NR15 Map

Estimated Price: £295,732
Average Asking Price: £369,029
Price change in last one year: £26,734
Average Price Paid: £251,333
Average Rent Rates: £686

 

Property Prices Breakdown in Norwich Road, Brooke, Norwich, NR15

Average Price for property in Norwich Road, Brooke, Norwich, NR15 is around £295,732 which varies based on type of property you are interested in and ranges from £333,946 for detached house to around £252,783 for semi-detached. Similarly terraced house is around £171,298. Values have been changing and have risen £2,980 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,703 in last 6 months, £26,734 in last 1 year, £33,913 in last 2 years, £41,554 in last 3 years, £35,808 in last 4 years and £42,507 in last 5 years.

Currently average asking price of a property in Norwich Road, Brooke, Norwich, NR15 is around £369,029 based on approximately 2 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £686 per month.

Estimated property value in Norwich Road, Brooke, Norwich, NR15 is £295,732. Average asking price is £369,029 while average price paid is £245,000 which is up by £26,734 and Avg. asking rent £686.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Norwich Road, Brooke, Norwich, NR15 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 2 sales in Norwich Road, Brooke, Norwich, NR15 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £231,500. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £251,333 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £244,111 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £182,527, £250,723 for a 3 bedroom house, £370,379 for a 4 bedroom house and £525,938 for a 5 bedroom house. To sum up the asking prices for properties in Norwich Road, Brooke, Norwich, NR15 it comes to around average £182,527 for 2 bedroom property, £250,723 for 3 bedroom, £370,379 for 4 bedroom and £525,938 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £592 for 1 bedroom to £666 for 2 bedrooms, £668 for 3 bedrooms, £1,184 for 4 bedrooms and £2,197 for 5 bedrooms house. You should be generally be expecting around average £592 rent per month for single bedroom property, £666 for 2 bedroom, £668 for 3 bedroom, £1,184 for 4 bedroom and approximately £2,197 for a 5 bedroom property in Norwich Road, Brooke, Norwich, NR15 area.

Popular Houses in Norwich Road, Brooke, Norwich, NR15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Norwich Road, Brooke, Norwich, NR15